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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: Shirley Owen who wrote (2575)2/7/1999 9:59:00 AM
From: michellan  Read Replies (1) | Respond to of 3282
 
Tomorrow will be a hell of a day for ARP. They will probably come up with some new drill results, and we'll probably see a huge volume. This is amazing that despite the dumping to keep the price down, there is always somebody to gobble these shares. We are talking big big $$$$$$ here, this is not a penny stock.
Good luck everybody.



To: Shirley Owen who wrote (2575)2/7/1999 10:37:00 AM
From: Enigma  Read Replies (1) | Respond to of 3282
 
Shirley - re pp - yes, but Lundin first sold the same # of shares he owned to raise the funds to turn around and buy the pp - so the 'big bucks' weren't new big bucks. dd



To: Shirley Owen who wrote (2575)2/7/1999 3:29:00 PM
From: Claude Cormier  Respond to of 3282
 
<<Tell you one thing, it would seem to me that it would be foolish to sell out now....there is very little, if any, doenside >>

I agree with that.. unless..you need $$ for have another play

<< and the possibility of a lot of potential on the upside. >>

There is more potential....no doubt but ... a lot ???

Aren't the most eastern drill results at Amable returning smaller intercepts and lower grades than the very high grade zone ? DDA1, although showing obvious improvments over RC results (mainly hole 90), seems to indicate that DD drilling will not improve the resources by more than 10-20%.. still good and also early to conclude this... but that is what it looks like !!

Good showing on Federico west...but again can they get a lot there! There is only 200m to the Nortwest target ?

In all this, I remain surprised by the fact that ARP continue to drill with 50m steps out...(sometimes they are even drilling backward..hole 107 I believe) why not 100m or more forward... to really increase this resource much faster. This question was raised on the last conference call... and it make sense.

Time will tell....what they dig up...but my bet is that some big guns have already tendered and more will on the next higher bid?? $5.50????

Speculations...speculations..!!